Affects on jobs in USA
40 years ago, the Auto, Steel and Coke industries were doing pretty well here in the Buffalo NY area.
The Rochester area had Xerox and Kodak doing quite well. The whole WNY economy was doing well.
Then came the various "Trade Agreements" that gutted these good paying middle class and entry level jobs and sent them out of the county. My job at GM went "south" as did many others and the plants have long since been mothballed or demolished. In their infinite wisdom, they tax empty facilities at the same rate as occupied facilities here. If there is no building on the property then the taxes are greatly reduced, therefore they demolish empty facilities rather than try to find new occupants. This effectively prevents new companies from filling in where the old ones were.
The Western NY area has never really recovered from the first wave of Trade agreements and they want another?
An agreement that we cannot even see or discuss? That the Obama administration can't see fit to release to the public just like ObamaCare?
There is NO doubt in my mind that this agreement allows Pacific partners to take even more jobs away and does nothing to prevent the further degradation of the middle class workers wages and benefits.
They already decreased the possible number of jobs by over 50% in many cases.
This is why your "standard economics" is wrong. These trade agreements drove people from their longtime homes and families, put them on the dole, ruined their lives and credit. They not only lost their jobs but nothing came to replace them.
There is NO agreement that guarantee's both the existing wages and number of jobs will not decrease. Anything less than that is a recipe for revolt and we are too close to that now to ignore it. Keeping the TPPA secret only serves to tell me it is very bad for normal people and there is nothing the Obama administration can say that is even remotely believable, especially about the TPPA.
I want a 100% tariff applied to any product that comes into this country that could have been made here. It is a baldface lie that the US or UK is not competitive in manufacturing when you factor out the ridiculous low wages that developing countries pay. Tariffs defray that difference and we either pay higher prices or higher taxes. I choose higher prices for manufactured goods over higher taxes so we can support a 98% socialist lifestyle.